"TheBaron2112" (TheBaron2112)
11/07/2014 at 08:44 • Filed to: None
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"TheBaron2112" (TheBaron2112)
11/07/2014 at 08:44 • Filed to: None | 1
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!!! UNKNOWN CONTENT TYPE !!!
Entire team is being 'made redundant.' That's more than 200 people.
"BBC F1 chief analyst Eddie Jordan said: "There are four reasons why the three teams who entered F1 in 2010 have all failed.
"First, Caterham [previously Lotus], Marussia [previously Virgin] and HRT were promised that the sport would have a budget cap of 50m Euros and governing body the FIA failed to impose this.
"Secondly, the costs for an engine were about £5m last year but have gone up to £15m this season with the introduction of new turbo hybrid engines. Who's accountable? It's Bernie Ecclestone's job to make sure promises are adhered to, and these costs are not coming down next year even though the manufacturers originally said they would.
"Thirdly, teams have to use Ecclestone's freight but the costs of this are high. There used to be a £10m payment from the commercial rights holder to teams to support the freight costs but Ecclestone withdrew that two years ago, saying he needed the money to pay Mercedes more.
"Fourthly, there is the gross disparity of of $300m being skimmed off the top of the money allocated to pay the teams as a cash payment for the top five teams, Red Bull, Ferrari, McLaren, Williams and Mercedes.""
McMike
> TheBaron2112
11/07/2014 at 08:48 |
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This is the point where I remind you all again that I recently ordered a Marussia wallet that I was planning on naming "Max," but now will probably just sit on a shelf because I'll feel bad about putting money into it.
I can only hope that it gets here sooner so I can have something to be thankful for this month.
Brian Silvestro
> McMike
11/07/2014 at 08:48 |
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This made me laugh so hard.
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Brian Silvestro
> TheBaron2112
11/07/2014 at 08:48 |
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Kate's Dirty Sister
> TheBaron2112
11/07/2014 at 08:50 |
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It's a shame that Stefan GP has been denied an entry back in 2010, it was by far the most solid (despite the shady-ness) operation. They were to use the cars and engines Toyota had readied for 2010.
This team would probably be around.
For as long as I remember, the only 100% new team that succeeded inF1 'recently' is Stewart GP (now RBR).
PanchoVilleneuve ST
> TheBaron2112
11/07/2014 at 08:55 |
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They'll still be kept in next season just to keep an American team out of F1.
Rock Bottom
> TheBaron2112
11/07/2014 at 08:55 |
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"Integrity: Doing what you say you're going to do." You hear that Bernie??!??!
"WAT"
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McMike
> Brian Silvestro
11/07/2014 at 08:59 |
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Q: Why is your wallet empty?
A: Only an idiot puts money into Marussia.
Tripper
> TheBaron2112
11/07/2014 at 09:23 |
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That sucks. I feel as if the F1 situation over all wont get better until Bernie dies.
ttyymmnn
> Rock Bottom
11/07/2014 at 10:17 |
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Rock Bottom
> ttyymmnn
11/07/2014 at 10:43 |
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